ROSEWOOD SENIOR APARTMENTS

138 Units

Stoughton, WI

CLOSED!

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Rosewood Senior Apartments is a premier, 138-unit older-adult (55+) property located steps away from the new Kettle Park West development in Stoughton, Wisconsin. Spread across two phases built in 1995 and 2003, Rosewood was developed via the federal Low Income Housing Tax Credit program, with 90-units remaining subject to a Land Use Restriction Agreement (LURA) that expires at the end of 2025. The unit mix comprises 80 One-Bedroom, 46 Two-Bedroom One-Bath, and 12 Two-Bedroom Two-Bath units. The property features amenities including 113 heated underground parking stalls, elevators, two on-site offices, two spacious community rooms with full kitchens, extra storage lockers and laundry on each floor. With significant recent improvements, Rosewood presents a tremendous add-value opportunity to purchase an exceptionally well-maintained, turnkey senior property in a desirable Madison area suburb at a price far below replacement cost.